Ninety One UK Ltd
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 18, 2025), Ninety One UK Ltd reported 202 stock positions worth $42.6 billion. Its top holding was Microsoft (MSFT) at 8.8% of the portfolio, followed by Visa Class A (V, 5.2%) and Nvidia (NVDA, 4.1%). Compared with Q1 2025, it opened 30 new positions, sold out of 21, added to 82 and reduced 76. The biggest buy was Microsoft (MSFT, shares +7%) and the biggest sale Visa Class A (V, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001418329
- Portfolio Value
- $42.6B (Q2 2025)
- SEC Filing
- 0001140361-25-026322 ↗ filed Jul 18, 2025
Holdings Value
Holdings 202 stocks · $42.6B
| MSFT Microsoft Corp. | 8.75% | 7,498,375 | $3.7B | Add +7.3% |
| V Visa Inc. Class A | 5.20% | 6,240,048 | $2.2B | Reduce -0.2% |
| NVDA Nvidia Corp. | 4.09% | 11,032,293 | $1.7B | Add +26.1% |
| ADSK Autodesk Inc. | 3.88% | 5,338,125 | $1.7B | Add +3.7% |
| GOOGL Alphabet Inc. Class A | 3.74% | 9,042,177 | $1.6B | Add +5.5% |
| PM Philip Morris International | 3.20% | 7,486,288 | $1.4B | Reduce -16.7% |
| BKNG Booking Holdings Inc. | 2.96% | 218,016 | $1.3B | Add +1.1% |
| INTU Intuit Inc. | 2.70% | 1,458,792 | $1.1B | Add +3.6% |
| AVGO Broadcom Inc. | 2.65% | 4,102,194 | $1.1B | Add +24.6% |
| JNJ Johnson & Johnson | 2.51% | 7,016,164 | $1.1B | Add +1.4% |
| AMZN Amazon.com Inc. | 2.44% | 4,736,222 | $1.0B | Reduce -17.3% |
| TKO Tko Group Holdings Inc. | 2.07% | 4,850,006 | $882.5M | Add +14.4% |
| NTES Netease Inc.-ADR | 1.98% | 6,267,769 | $843.5M | Add +2.2% |
| VRSN Verisign Inc. | 1.86% | 2,747,020 | $793.3M | Reduce -29.1% |
| ADP Automatic Data Processing | 1.74% | 2,402,723 | $741.0M | Add +5.8% |
| EA Electronic Arts Inc. | 1.63% | 4,355,950 | $695.6M | Add +4.7% |
| MA Mastercard Inc. Class A | 1.55% | 1,177,461 | $661.7M | Add +8.6% |
| JPM JPMorgan Chase & Co. | 1.55% | 2,278,247 | $660.5M | Add +12.8% |
| CHKP Check Point Software Tech | 1.35% | 2,592,778 | $573.7M | Add +2.6% |
| MNST Monster Beverage Corp. | 1.31% | 8,944,479 | $560.3M | Add +4.9% |
| BSX Boston Scientific Corp. | 1.30% | 5,146,218 | $552.8M | Add +33.5% |
| MRSH Marsh & McLennan Cos | 1.30% | 2,527,744 | $552.7M | Add +6.6% |
| EW Edwards Lifesciences Corp. | 1.27% | 6,939,542 | $542.7M | Reduce -0.9% |
| FDS Factset Research Systems Inc. | 1.25% | 1,192,634 | $533.4M | Add +0.1% |
| AAPL Apple Inc. | 1.20% | 2,500,633 | $513.1M | Add +8.3% |
| SPGI S&P Global Inc. | 1.15% | 928,559 | $489.6M | Add +0.8% |
| TSM Taiwan Semiconductor-SP ADR | 1.07% | 2,005,767 | $454.3M | Add +1.3% |
| LNG Cheniere Energy Inc. | 1.03% | 1,808,825 | $440.5M | Add +20.0% |
| TTWO Take-Two Interactive Softwre | 1.03% | 1,801,582 | $437.5M | Add +22.8% |
| ICLR Icon PLC | 1.02% | 2,993,652 | $435.4M | Add +2.6% |
| MCO Moody's Corp. | 0.99% | 837,471 | $420.1M | Add +1.1% |
| GS Goldman Sachs Group Inc. | 0.96% | 577,577 | $408.8M | New |
| SNX TD Synnex Corp. | 0.94% | 2,949,709 | $400.3M | Add +15.0% |
| ALGN Align Technology Inc. | 0.85% | 1,916,309 | $362.8M | Reduce -1.1% |
| J Jacobs Solutions Inc. | 0.79% | 2,549,219 | $335.1M | Add +17.1% |
| LLY Eli Lilly & Co. | 0.78% | 425,459 | $331.7M | Add +38.7% |
| Z Zillow Group Inc. Class C | 0.78% | 4,731,948 | $331.5M | Add +17.4% |
| AER Aercap Holdings NV | 0.77% | 2,794,925 | $327.0M | Add +44.8% |
| B Barrick Mining Corp. | 0.77% | 15,699,416 | $326.9M | Add +91.3% |
| TMO Thermo Fisher Scientific Inc. | 0.77% | 805,793 | $326.7M | Add +41.6% |
| PLNT Planet Fitness Inc. Class A | 0.74% | 2,883,906 | $314.5M | Add +35.7% |
| CRH CRH PLC | 0.68% | 3,143,490 | $288.6M | Add +13.1% |
| ICE Intercontinental Exchange Inc. | 0.65% | 1,513,558 | $277.7M | Add +23.1% |
| AZO AutoZone Inc. | 0.65% | 74,400 | $276.2M | Add +349.5% |
| OKTA Okta Inc. | 0.64% | 2,744,524 | $274.4M | Add +52.1% |
| SE Sea Ltd.-ADR | 0.64% | 1,699,639 | $271.8M | Add +0.9% |
| XOM Exxon Mobil Corp. | 0.64% | 2,514,348 | $271.0M | Add +18.3% |
| IBN Icici Bank Ltd.-Spon ADR | 0.62% | 7,828,003 | $263.3M | Add +17.6% |
| MSI Motorola Solutions Inc. | 0.58% | 592,252 | $249.0M | Add +1.1% |
| TT Trane Technologies PLC | 0.58% | 561,231 | $245.5M | Reduce -29.5% |
| PINS Pinterest Inc. Class A | 0.56% | 6,689,112 | $239.9M | Add +11.0% |
| FCX Freeport-McMoran Inc. | 0.55% | 5,446,597 | $236.1M | Add +21.6% |
| GM General Motors Co. | 0.55% | 4,793,495 | $235.9M | Add +13.3% |
| TSLA Tesla Inc. | 0.54% | 725,830 | $230.6M | Reduce -47.6% |
| CNI Canadian Natl Railway Co. | 0.50% | 2,050,826 | $213.3M | Add +7.9% |
| TWLO Twilio Inc. Class A | 0.50% | 1,705,199 | $212.1M | New |
| TRU Transunion | 0.48% | 2,317,098 | $203.9M | Reduce -11.9% |
| RBLX Roblox Corp. Class A | 0.44% | 1,784,528 | $187.7M | Reduce -24.3% |
| TW Tradeweb Markets Inc. Class A | 0.42% | 1,229,500 | $180.0M | Add +630.7% |
| NEM Newmont Corp. | 0.40% | 2,961,372 | $172.5M | Add +14.0% |
| NEE Nextera Energy Inc. | 0.39% | 2,399,679 | $166.6M | Reduce -1.0% |
| DAL Delta Air Lines Inc. | 0.36% | 3,124,368 | $153.7M | Reduce -5.6% |
| ACM Aecom | 0.35% | 1,319,548 | $148.9M | Reduce -3.7% |
| ELV Elevance Health Inc. | 0.35% | 381,652 | $148.4M | Add +0.1% |
| ZTS Zoetis Inc. | 0.34% | 935,446 | $145.9M | Reduce -14.8% |
| TEL Te Connectivity PLC | 0.28% | 709,747 | $119.7M | Reduce -7.1% |
| CCEP Coca-Cola Europacific Partne | 0.28% | 1,273,571 | $118.1M | Reduce -0.3% |
| CPNG Coupang Inc. | 0.27% | 3,854,974 | $115.5M | Add +20.8% |
| BAP Credicorp Ltd. | 0.27% | 513,117 | $114.7M | Reduce -5.2% |
| META Meta Platforms Inc. Class A | 0.25% | 141,489 | $104.4M | Reduce -20.2% |
| TTEK Tetra Tech Inc. | 0.24% | 2,791,912 | $100.4M | Reduce -6.6% |
| GLPI Gaming and Leisure Propertie | 0.23% | 2,101,197 | $98.1M | Add +34.5% |
| NTRA Natera Inc. | 0.22% | 562,985 | $95.1M | Add +149.1% |
| AU Anglogold Ashanti PLC | 0.22% | 2,067,344 | $94.2M | Reduce -11.6% |
| CME Cme Group Inc. | 0.21% | 329,576 | $90.8M | Add +34.5% |
| TXN Texas Instruments Inc. | 0.20% | 417,430 | $86.7M | Reduce -20.0% |
| KR Kroger Co. | 0.20% | 1,198,638 | $86.0M | Reduce -9.1% |
| SCHW Schwab (charles) Corp. | 0.20% | 917,619 | $83.7M | Reduce -12.1% |
| KGC Kinross Gold Corp. | 0.20% | 5,329,502 | $83.2M | Add +26.1% |
| WM Waste Management Inc. | 0.19% | 355,779 | $81.4M | Reduce -39.5% |
| CP Canadian Pacific Kansas City | 0.18% | 987,813 | $78.3M | Add +91.4% |
| MMYT Makemytrip Ltd. | 0.18% | 783,059 | $76.8M | Add +1.3% |
| TX Ternium SA-Sponsored ADR | 0.17% | 2,407,110 | $72.5M | Add +5.2% |
| ACN Accenture PLC Class A | 0.17% | 240,182 | $71.8M | Reduce -5.5% |
| VIST Vista Energy Sab DE CV | 0.15% | 1,337,817 | $64.0M | Add +74.0% |
| BR Broadridge Financial Solutio | 0.15% | 258,035 | $62.7M | Reduce -5.5% |
| FMX Fomento Economico Mex-SP ADR | 0.14% | 596,665 | $61.4M | Reduce -3.8% |
| TECK Teck Resources Ltd.-CLS B | 0.14% | 1,480,334 | $59.8M | Add +436.6% |
| PAAS Pan American Silver Corp. | 0.14% | 2,089,660 | $59.3M | Add +3.3% |
| AGI Alamos Gold Inc. Class A | 0.14% | 2,171,064 | $57.6M | Add +20.2% |
| CDNS Cadence Design SYS Inc. | 0.13% | 186,605 | $57.5M | Reduce -4.6% |
| VALE Vale SA-SP ADR | 0.13% | 5,885,464 | $57.1M | Reduce -6.7% |
| HDB HDFC Bank Ltd.-ADR | 0.13% | 702,501 | $53.9M | Add +20.4% |
| DE Deere & Co. | 0.12% | 101,841 | $51.8M | New |
| CVX Chevron Corp. | 0.12% | 352,360 | $50.5M | Add +47.2% |
| ASML ASML Holding NV-NY Reg SHS | 0.11% | 60,391 | $48.4M | Reduce -8.0% |
| KT KT Corp.-SP ADR | 0.11% | 2,291,101 | $47.6M | Reduce -53.1% |
| CCI Crown Castle Inc. | 0.10% | 432,482 | $44.4M | Reduce -3.9% |
| IAG Iamgold Corp. | 0.09% | 5,347,405 | $39.3M | Add +127.7% |
| QRVO Qorvo Inc. | 0.09% | 462,280 | $39.3M | Reduce -10.0% |
Portfolio Sells Q1 2025 → Q2 2025
| V Visa Inc. Class A | Reduce -0.2% | 5.20% | −0.90 |
| VRSN Verisign Inc. | Reduce -29.1% | 1.86% | −0.88 |
| PM Philip Morris International | Reduce -16.7% | 3.20% | −0.77 |
| AMZN Amazon.com Inc. | Reduce -17.3% | 2.44% | −0.59 |
| EPAM Epam Systems Inc. | Sold out | 0.00% | −0.52 |
| TSLA Tesla Inc. | Reduce -47.6% | 0.54% | −0.46 |
| LNWO Light & Wonder Inc. | Sold out | 0.00% | −0.28 |
| FBIN Fortune Brands Innovations I | Sold out | 0.00% | −0.22 |
| WM Waste Management Inc. | Reduce -39.5% | 0.19% | −0.19 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −0.17 |
| TT Trane Technologies PLC | Reduce -29.5% | 0.58% | −0.17 |
| ZTS Zoetis Inc. | Reduce -14.8% | 0.34% | −0.16 |
| PGR Progressive Corp. | Sold out | 0.00% | −0.16 |
| UNH Unitedhealth Group Inc. | Reduce -33.6% | 0.08% | −0.15 |
| EW Edwards Lifesciences Corp. | Reduce -0.9% | 1.27% | −0.14 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.13 |
| KT KT Corp.-SP ADR | Reduce -53.1% | 0.11% | −0.13 |
| TRU Transunion | Reduce -11.9% | 0.48% | −0.13 |
| AEM Agnico Eagle Mines Ltd. | Reduce -91.2% | 0.01% | −0.12 |
| FUTU Futu Holdings Ltd.-ADR | Sold out | 0.00% | −0.12 |
| RGLD Royal Gold Inc. | Sold out | 0.00% | −0.10 |
| BWA Borgwarner Inc. | Reduce -71.5% | 0.04% | −0.09 |
| NEE Nextera Energy Inc. | Reduce -1.0% | 0.39% | −0.09 |
| CNH CNH Industrial NV | Sold out | 0.00% | −0.08 |
| LW Lamb Weston Holdings Inc. | Sold out | 0.00% | −0.08 |
| MCK McKesson Corp. | Reduce -42.1% | 0.08% | −0.07 |
| LKQ LKQ Corp. | Reduce -69.7% | 0.02% | −0.07 |
| TXN Texas Instruments Inc. | Reduce -20.0% | 0.20% | −0.06 |
| ACN Accenture PLC Class A | Reduce -5.5% | 0.17% | −0.05 |
| KR Kroger Co. | Reduce -9.1% | 0.20% | −0.05 |
| VALE Vale SA-SP ADR | Reduce -6.7% | 0.13% | −0.04 |
| DAL Delta Air Lines Inc. | Reduce -5.6% | 0.36% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -20.2% | 0.25% | −0.04 |
| BR Broadridge Financial Solutio | Reduce -5.5% | 0.15% | −0.04 |
| KSPI JSC Kaspi.kz ADR | Reduce -8.8% | 0.09% | −0.04 |
| RYAAY Ryanair Holdings PLC-SP ADR | Sold out | 0.00% | −0.03 |
| CCEP Coca-Cola Europacific Partne | Reduce -0.3% | 0.28% | −0.03 |
| MPC Marathon Petroleum Corp. | Sold out | 0.00% | −0.03 |
| SCHW Schwab (charles) Corp. | Reduce -12.1% | 0.20% | −0.03 |
| DLB Dolby Laboratories Inc. Class A | Reduce -9.3% | 0.07% | −0.03 |
| EGO Eldorado Gold Corp. | Sold out | 0.00% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -5.2% | 0.09% | −0.03 |
| BKR Baker Hughes Co. | Reduce -31.2% | 0.03% | −0.03 |
| CCI Crown Castle Inc. | Reduce -3.9% | 0.10% | −0.03 |
| FTI Technipfmc PLC | Reduce -36.6% | 0.04% | −0.03 |
| DHR Danaher Corp. | Reduce -45.4% | 0.02% | −0.03 |
| FMX Fomento Economico Mex-SP ADR | Reduce -3.8% | 0.14% | −0.02 |
| AXP American Express Co. | Reduce -30.5% | 0.05% | −0.02 |
| AA Alcoa Corp. | Sold out | 0.00% | −0.02 |
| ALC Alcon Inc. | Reduce -10.4% | 0.05% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| MSFT Microsoft Corp. | Add +7.3% | 8.75% | +1.46 |
| NVDA Nvidia Corp. | Add +26.1% | 4.09% | +1.45 |
| AVGO Broadcom Inc. | Add +24.6% | 2.65% | +1.12 |
| GS Goldman Sachs Group Inc. | New | 0.96% | +0.96 |
| TWLO Twilio Inc. Class A | New | 0.50% | +0.50 |
| AZO AutoZone Inc. | Add +349.5% | 0.65% | +0.47 |
| TW Tradeweb Markets Inc. Class A | Add +630.7% | 0.42% | +0.35 |
| B Barrick Mining Corp. | Add +91.3% | 0.77% | +0.32 |
| INTU Intuit Inc. | Add +3.6% | 2.70% | +0.29 |
| TKO Tko Group Holdings Inc. | Add +14.4% | 2.07% | +0.27 |
| NTES Netease Inc.-ADR | Add +2.2% | 1.98% | +0.22 |
| AER Aercap Holdings NV | Add +44.8% | 0.77% | +0.22 |
| BSX Boston Scientific Corp. | Add +33.5% | 1.30% | +0.21 |
| BKNG Booking Holdings Inc. | Add +1.1% | 2.96% | +0.20 |
| SNX TD Synnex Corp. | Add +15.0% | 0.94% | +0.20 |
| TTWO Take-Two Interactive Softwre | Add +22.8% | 1.03% | +0.18 |
| JPM JPMorgan Chase & Co. | Add +12.8% | 1.55% | +0.17 |
| PLNT Planet Fitness Inc. Class A | Add +35.7% | 0.74% | +0.17 |
| TSM Taiwan Semiconductor-SP ADR | Add +1.3% | 1.07% | +0.15 |
| NTRA Natera Inc. | Add +149.1% | 0.22% | +0.13 |
| ADSK Autodesk Inc. | Add +3.7% | 3.88% | +0.13 |
| DE Deere & Co. | New | 0.12% | +0.12 |
| OKTA Okta Inc. | Add +52.1% | 0.64% | +0.12 |
| TECK Teck Resources Ltd.-CLS B | Add +436.6% | 0.14% | +0.11 |
| CP Canadian Pacific Kansas City | Add +91.4% | 0.18% | +0.08 |
| FCX Freeport-McMoran Inc. | Add +21.6% | 0.55% | +0.08 |
| GOOG Alphabet Inc. Class C | New | 0.08% | +0.08 |
| CPNG Coupang Inc. | Add +20.8% | 0.27% | +0.08 |
| LLY Eli Lilly & Co. | Add +38.7% | 0.78% | +0.07 |
| HLT Hilton Worldwide Holdings Inc. | New | 0.07% | +0.07 |
| AMAT Applied Materials Inc. | New | 0.06% | +0.06 |
| LNG Cheniere Energy Inc. | Add +20.0% | 1.03% | +0.06 |
| ICE Intercontinental Exchange Inc. | Add +23.1% | 0.65% | +0.06 |
| NEM Newmont Corp. | Add +14.0% | 0.40% | +0.06 |
| J Jacobs Solutions Inc. | Add +17.1% | 0.79% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +5.5% | 3.74% | +0.05 |
| IAG Iamgold Corp. | Add +127.7% | 0.09% | +0.05 |
| VIST Vista Energy Sab DE CV | Add +74.0% | 0.15% | +0.05 |
| STNE Stoneco Ltd. Class A | New | 0.05% | +0.05 |
| FISV Fiserv Inc. | New | 0.05% | +0.05 |
| YUMC Yum China Holdings Inc. | New | 0.05% | +0.05 |
| KGC Kinross Gold Corp. | Add +26.1% | 0.20% | +0.05 |
| XRAY Dentsply Sirona Inc. | New | 0.04% | +0.04 |
| PINS Pinterest Inc. Class A | Add +11.0% | 0.56% | +0.04 |
| SABR Sabre Corp. | New | 0.04% | +0.04 |
| BABA Alibaba Group Holding-SP ADR | New | 0.04% | +0.04 |
| BEPC Brookfield Renewable Corp. | New | 0.04% | +0.04 |
| YUM Yum! Brands Inc. | New | 0.03% | +0.03 |
| IBN Icici Bank Ltd.-Spon ADR | Add +17.6% | 0.62% | +0.03 |
| BIPC Brookfield Infrastructure-A | New | 0.03% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 271 | $44.7B | GOOGL, NVDA, V, MSFT, JNJ |
| Q1 2026 | 237 | $43.1B | GOOGL, MSFT, NVDA, V, JNJ |
| Q4 2025 | 225 | $46.6B | MSFT, GOOGL, NVDA, V, JNJ |
| Q3 2025Amended | 210 | $46.3B | MSFT, NVDA, GOOGL, V, ADSK |
| Q2 2025 | 202 | $42.6B | MSFT, V, NVDA, ADSK, GOOGL |
| Q1 2025 | 193 | $35.9B | MSFT, V, PM, ADSK, GOOGL |
| Q4 2024 | 191 | $37.4B | MSFT, V, GOOGL, ADSK, NVDA |
| Q3 2024 | 194 | $37.5B | MSFT, V, ADSK, GOOGL, BKNG |
| Q2 2024 | 187 | $36.2B | MSFT, V, GOOGL, BKNG, ADSK |
| Q1 2024 | 185 | $35.6B | MSFT, V, GOOGL, BKNG, ADSK |